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Big Oil In The Earnings Spotlight
Tuesday, April 26, 2016 - 9:00am | 724Three petroleum giants are on deck to share their latest earnings results this week. Consensus forecasts indicate that analysts' expectations for all three are low. Net losses are predicted for many others in the oil patch as well. Among the many earnings reports due this week, highlights will...
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Barron's Recap: The New Microsoft (And How It Could Rise 30% In 18 Months)
Monday, December 21, 2015 - 8:22am | 926The cover story in this weekend's Barron's offers a look at the outcome of cultural changes in Satya Nadella's Microsoft. This issue also includes a list of over-sold junk bonds with big payouts, as well as a recession forecast for 2016. The prospects for BlackRock, Patterson-...
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Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
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Twelve Oil & Gas Plays Worth a Look Now
Monday, August 22, 2011 - 6:59am | 940Despite controversy over the process known as fracking, and despite pullbacks resulting from the recent market volatility, shares of the following seven oil and gas companies are trading more than twice where they were a year ago. These are all dividend payers as well. Apco Oil & Gas (NASDAQ:...
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Equity Research Upgrades EPS And PT On Patterson-UTI Energy (PTEN)
Monday, May 2, 2011 - 8:05am | 124Equity Research upgraded its earnings per share estimates and price target on Patterson-UTI Energy (NASDAQ: PTEN) in a research report published today. In the report, Equity states, "Reflecting our continued conviction about a strong market in the US for horizontal drilling in the shales through...
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Global Hunter Upgrades PTEN, URDL To Buy
Thursday, April 14, 2011 - 7:56am | 46Global Hunter Securities has upgraded the following companies: Patterson-UTI Energy (NASDAQ: PTEN) from Accumulate to Buy, PT to $45 from $30 Union Drilling (NASDAQ: UDRL) from Accumulate to Buy, PT to $16.50 from $11.50
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Dahlman Rose On Oilfield Services
Monday, December 20, 2010 - 9:34am | 294Dahlman Rose has published a research report on Oilfield Services and poses the question: is there a soft floor under natural gas prices? In the report, Dahlman Rose writes "Drawing from synergies with our Coal & Utilities and E&P teams, we see a potential debate emerging that favors...
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PTEN Downgraded To Hold
Friday, November 19, 2010 - 9:46am | 163Dahlman Rose has published a research report on Patterson-UTI Energy, Inc. (NYSE: PTEN) and has downgraded the company to Hold after rethinking the risk/reward forecast on the company. In the report, Dahlman Rose writes "PTEN shares are up nearly 40%, nearing our original price target of $22. In...
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Morgan Stanley Moves Patterson-UTI To Underweight
Wednesday, November 17, 2010 - 12:44pm | 106Morgan Stanley is moving Patterson-UTI Energy, Inc. (NASDAQ: PTEN) to Underweight, saying that it estimates PTEN has significant downside if the domestic natural gas rig count were to roll over, given the company's high exposure to the spot market. “On the flip side, we believe PTEN has limited...